Tempur Sealy Reports Record First Quarter Results
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Tempur Sealy (TPX) Tops Q1 EPS by 12c, Revenues Beat; Offers FY21 EPS Guidance Above Consensus
April 29, 2021 6:41 AM EDTTempur Sealy (NYSE: TPX) reported Q1 EPS of $0.64, $0.12 better than the analyst estimate of $0.52. Revenue for the quarter came in at $1.04 billion versus the consensus estimate of $1.01 billion.
FIRST QUARTER 2021 FINANCIAL SUMMARY
Total net sales increased 26.9% to $1,043.8 million as compared to $822.4 million in the first quarter of 2020. On a constant currency basis(1), total net sales increased 25.1%, with an increase of 27.3% in the North America business segment and an increase of 13.8% in the International business... More